Topic: Will bitcoin drop? - page 2. (Read 2270 times)
That Elliot Wave analysis is starting to look more and more correct. Depending on where you draw it, we're either around or below the neckline of a head-and-shoulders pattern developing on the daily chart, which could take us down to the $3000-ish area. That, combined with sitting on the 50-day moving average, does not bode well for the short-term price outlook if we can't bounce right here.
No, i dont think it will drop more than its actually price. It dropped a lot in the last week, from $4800 to $4150 right now.
And it looks like the correction is almost over, i think that the price will stay in this level for two or three more days until we hear good news from china or any other country that wants to regulate the ICOs
But yes, i dont think it will drop more.
For now we are seen a stable price so i think the price can be increase more soon.. its a panic sell and there is no correction happening according to this twit https://twitter.com/cnLedger/status/906560905269329920And it looks like the correction is almost over, i think that the price will stay in this level for two or three more days until we hear good news from china or any other country that wants to regulate the ICOs
But yes, i dont think it will drop more.
Its a fake news i think they will be still buying more bitcoin back soon.. and few ICO was delisted ..
Hope that we will sooner the recovery of bitcoin .
No, i dont think it will drop more than its actually price. It dropped a lot in the last week, from $4800 to $4150 right now.
And it looks like the correction is almost over, i think that the price will stay in this level for two or three more days until we hear good news from china or any other country that wants to regulate the ICOs
But yes, i dont think it will drop more.
And it looks like the correction is almost over, i think that the price will stay in this level for two or three more days until we hear good news from china or any other country that wants to regulate the ICOs
But yes, i dont think it will drop more.
Goldman sachs prediction is completely bull shit and just another FUD
Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.
Bitcoin won't fall below $3500, it tanks and hold at $4000 level.
I guess bitcoin could rise over $4500 again in this week and recover to $5000 by the end of this month, soon or later bitcoin will rise again.
Look at the news, some countries will legalize bitcoin by the end of the year which mean we'll back on Bulls run and continue to skyrocket.
Once bitcoin hits that level, Jafari estimates it could drop as far as $2,221.
Bitcoin won't fall below $3500, it tanks and hold at $4000 level.
I guess bitcoin could rise over $4500 again in this week and recover to $5000 by the end of this month, soon or later bitcoin will rise again.
Look at the news, some countries will legalize bitcoin by the end of the year which mean we'll back on Bulls run and continue to skyrocket.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Well bitcoin has always recover from the drop it has taken . Only thing is that its a time factor how long will it take or so. Currently one of the worry is that China who is the major player is actually banning the ICO, and now exchange which will take a hit as selling pressure will be high and thus it may fall further in coming time.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Well bitcoin has always recover from the drop it has taken . Only thing is that its a time factor how long will it take or so. Currently one of the worry is that China who is the major player is actually banning the ICO, and now exchange which will take a hit as selling pressure will be high and thus it may fall further in coming time.
I think the only real threat we are facing in bitcoins that would make the price drop is that bitcoin private keys could be generated by a computer at will and bitcoins being banned in all countries simultaneously. I guess both scenarios might be far fetched but it is a possibility we should not ignore. Though I believe prices will start to recover once all issues are already resolved again like what happened with the issues of the fork.
It seems to me that users of crypto-currencies and still have problems with doubles of coins, and after Bitcoin you will follow the air. There are a lot of reports that the etherium can also be split. But November can be marked by another double for bitcoin. I do not understand what is happening and how this can end for us.
I think the only real threat we are facing in bitcoins that would make the price drop is that bitcoin private keys could be generated by a computer at will and bitcoins being banned in all countries simultaneously. I guess both scenarios might be far fetched but it is a possibility we should not ignore. Though I believe prices will start to recover once all issues are already resolved again like what happened with the issues of the fork.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.
You should not need to fear the price of bitcoin reach low prices right now, but for me this is only temporary, and I think when viewed in the chart the movement of the bitcoin in change-change determines the direction, and I am sure the price bitcoin is going up again so that it reached at number $5000 at the end of this month, because of the bitcoin had achieved a price of $4800 on some days at the beginning of this month
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.
I was actually following the Bitcoin price pretty well since the whole China news came out and I was pretty amazed that even though just a little after the news BTC dropped by around 1%, it rebounded within the next 6 hours back to it's original trading price. I don't know if people are just tired of hearing the China news and don't care or what's going on, but clearly it seems like Bitcoin wasn't extremely affected by this news instantly.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.
I think that the price can fluctuate and stronger. And it will be fine for bitcoin. Its prices depend on news and on the correlation of supply and demand. And this means that there will always be fluctuations.
You just need to get used to it and do not panic.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market.Price of bitcoin will never or ever reach the low value .In past three days, the price of bitcoin may vary or fluctuates. But it value will not go below the value of 4000$.Last week the price of bitcoin is greater than the value of 4500$.In past three days the price is fluctuates .But the value is stable on 4100$.
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
Although the community of Bitcoin today does not like the past still small, but you have to know recently, almost investors are speculator, they do not have knowledge and experience about cryptomarket, this is advantage for whales create panic easy on the market. 
If bitcoin will drop its price I am sure that bitcoin will still recover and will still hit what its value as of today, bitcoin right now are very trusted and a lot of people now are using bitcoin. So I guess even if bitcoin drops it will still recover and have a good price in the future!
This only will, not sure. Maybe bitcoin will experience a slight drop. Because like a runner, need to take a breather to continue the long journey. More people in the world, realizing advantages and potential benefits with bitcoin. Other than as a savings or investment.
All the predictions about bitcoin is just opinions that have no basis. Actually nobody knows what will happen with bitcoin. The policy of bitcoin can only be based as of the moment. I'm more interested in how to develop the turnover of bitcoins.
Bitcoin is growing and the price of the bitcoin is increasing as the time passing. Bitcoin ha ahuge potential to increase your money and to make you rich even in a short time so we cannot say that bitcoin will drop the price ever a lot of people are getting into bitcoin and investing a lot of money in the bitcoin to get the profit because they knows that bitcoin will give them a future they have dreamed about so it is increasing and being more popular now.
bitcoin price always drop because bitcoin is famous on it's volatility and bitcoin is a decentralized currency so bitcoin will instantly drop suddenly it's depending on the demand. high demands of bitcoin investors high price will it be but if there's alot of user will gonna sell their bitcoin that will be the reason of the drop. price correction is one of the reason why bitcoin price are dropping.
I see it seems bitcoin will not drop, correction will always be there but bitcoin price will not be badly crushed. We can see the correction that happened yesterday because of negative news from china but we also see now bitcoin price has recovered quickly.
Hopefully the price will not get badly crushed again, but please be very careful about your assumptions. This is also what people thought back in November/December of 2013 when the price spiked to around $1150. Everyone thought it was going to keep going up up up. What happened? Over the following 13-14 months, the price kept dropping until it bottomed around $150 in January 2015. That was an 87% drop. After the previous spike to around $260 earlier in 2013, the price fell to around $63 -- a 76% drop. As they say in trading/investing, history doesn't repeat itself, but if often rhymes. Now, cryptos are better established than they were in 2013, but if much of the price runup this year is due to speculation, all of that can just as easily be undone.
Eliot waves analysts
https://ewminteractive.com/btcusd-ready-another-terrifying-pullback
and Goldman Sach says that bitcoin will top $4800 and then drop
I wonder if any people here agree
Here are the links
https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html
https://ewminteractive.com/btcusd-ready-another-terrifying-pullback
and Goldman Sach says that bitcoin will top $4800 and then drop
I wonder if any people here agree
Here are the links
https://www.cnbc.com/2017/08/14/goldman-sachs-says-bitcoin-may-rise-about-500-more.html
Doesn't it happen already? there is no point in arguing about the analysis of Bitcon price droping since it already happen. But the one debatable is the price going down to $2,200. I know the analysis used here is the data from the previous price drop of Bitcoin but I believe there are lots of errors there. Bitcoin might fall in price due to the correction but I think it will not touch $2500 again.
If bitcoin enters a bear market with the current top of $5000 you should expect price to drop to the 0.618 to 0.786 Fibonacci retrace levels on the chart. Of course if we make a new high we have to draw a new chart. We are talking worst care here. If bitcoin price drops to $2000 it will not just pop back up to make new highs, we will be in a bear market that could take a minimum of a year to resolve.
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